“We are in favour of waiving the employees’ contribution altogether up to a certain level of income. This will boost the take-home salary of such employees rather than force them to park so much of their monthly income into their EPF account for retirement,” said the official. Budget 2016 – High Chances of Boost in Take Home Salary – An analyst said this could also help arres … [Read more...] about Budget 2016 – High Chances of Boost in Take Home Salary
take-home salary
How the proposed PF rule may cut your take-home salary
How the proposed PF rule may cut your take-home salary The recent EPFO circular, stating that certain allowances must also be added to the salary while computing the PF contribution, could upset millions of household budgets if it were to be enforced. On the face of it, this looks good for employees because a higher amount will flow into their PF accounts every month. … [Read more...] about How the proposed PF rule may cut your take-home salary
